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Local Bus Operator

March 2012

A local bus operator worked for the local authority servicing local school runs. Due to lengthy payment terms they had cash flow finance problems.

They had approached their own bank who were unable to assist. They had even asked their own bank for an invoice finance facility but were turned down.

The business required a cash flow finance solution from a lender that understood their business and the sector they operated in.

We introduced a specialised provider who was able to offer them a 100% prepayment against invoices as soon as they raised them.